Grayscale Bitcoin Mini Trust ETF (BTC)
Grayscale Bitcoin Mini Trust ETF operates in the Asset Management - Cryptocurrency industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $36.48, up 0.94% on the session, giving a market capitalisation of $5.20B. Its beta of 1.58 implies it has historically moved more than the broad market.
The Grayscale Bitcoin Mini Trust ETF maintains its entire portfolio in Bitcoin, following a passive investment approach. Its fundamental objective is to mirror the value of its underlying Bitcoin holdings, net of operational costs and other obligations. Bitcoin is defined as a digital asset, brought into existence and transferred across the decentralized, peer-to-peer Bitcoin Network, a system of computers governed by cryptographic protocols. This network permits the exchange of Bitcoins—units of digital value—with every transaction permanently documented on a transparent public ledger referred to as a Blockchain.
Grayscale Bitcoin Mini Trust ETF is most often compared with the following Financial Services names: